The Federal Board of Revenue (FBR) on the direction of the International Monetary Fund (IMF) has proposed to establish an asset declaration system.According to sources, the tax department in the supplementary finance bill 2021 proposed that disclosure …
Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Thursday said that he expects GDP to grow more than the target in fiscal year 2022 (FY22).He made these remarks while delivering a keynote speech at the “Dialogue on the Economy-2021…
The National Electric Power Regulatory Authority (NEPRA) on Thursday increased the power tariff by Rs 4.74 per unit on account of fuel charges adjustment for October 2021The increase will have an impact of around Rs. 60 billion, as expensive power was …
The Inland Revenue Enforcement Network (IREN) of the Federal Board of Revenue (FBR) seized 8,320,000 illegal cigarettes worth Rs. 21,479,625 involving duties and taxes of Rs. 17,242,635 in November, 2021.In the first five months of the fiscal year 2021…
The government has decided to retain sales tax exemption on electric vehicles and kits imported by local manufacturers of such vehicles under the Tax Laws (Fourth) Amendment Bill, 2021 to be tabled before the National Assembly.Highly-placed officials t…
The West Indies cricket team has arrived in Pakistan for their limited-overs tour of the country. West Indies arrived in Karachi, the venue for the entire tour, early morning today.The touring party was moved from the airport to the hotel under strict …
Pakistan’s off-spinner, Sajid Khan, has witnessed a meteoric rise after his record-breaking performance in the second Test match against Bangladesh. Sajid picked up 12 wickets in the match including 8 in the first innings as Pakistan pulled off an amaz…
Pakistan has had a brilliant year in Test cricket and is one of the most successful sides in the longest format in 2021. The Men in Green have won 7 of their 9 matches in the calendar year and have the best win percentage in the world.The Green Shirts …
Pakistan Super League (PSL) franchises, Islamabad United and Quetta Gladiators have made a big trade ahead of the PSL 2022 draft. Islamabad’s middle-order batter, Iftikhar Ahmed, has been traded to Quetta Gladiators for their wicket-keeper batter, Azam…
Secretary Election Commission KP, Omar Hameed Khan has directed for implementation of code of conduct and provision of extra security at women and sensitive polling stations in the local bodies elections in Khyber Pakhtunkhwa.He gave these directives a…
